Always know your local tax & other related laws before you jump into something like this. Many communities have very specific rules & laws regarding this type of business. Better to know first then to learn the hard way after.
Using the internet to rent out a room for extra bucks, may lose some of its financial lure for entrepreneurial homeowners in Pennsylvania.
Rep. Doyle Heffley, R-Carbon, introduced a bill Wednesday that would require online home sharing and short-term rental companies to remit the state’s 6 percent occupancy tax to the Department of Revenue. It also would require the companies to provide a list of all property owners renting their dwellings so counties’ Treasury offices can collect hotel taxes, which are used to market local tourism.